Current Affairs Quiz-September, 2020

Notes:
Leading Private sector bank of India, ICICI Bank has launched an exclusive programme for start-ups named ‘iStartup2.0’.
Under this programme, a Current Account can be created for new businesses that are up to ten years old seamlessly. The Bank has integrated its APIs with the website of the Ministry of Corporate Affairs (MCA) and the account number is obtained at the time of incorporation.

Notes:
The Naval Force of Iran has started a three-day exercise in the Sea of Oman named ‘Zolfaghar-99’, in the strategic Strait of Hormuz.
The Navy is expected to test-fire surface-to-surface and shore-to-sea cruise missiles and rocket-launching systems fitted on warships, submarines, aircraft and drones. The exercise also aims to devise defensive strategies to safeguard the country’s territorial regions.

Notes:
India and China have recently agreed on five points regarding the situation on the Line of Actual Control (LAC).
On the side lines of the Shanghai Cooperation Organisation (SCO) meet in Moscow, the External affairs Minister S Jaishankar and his Chinese counterpart Wang Yi had strategic talks which focussed on Disengagement of troops and easing of tensions.

Notes:
The United States of America (USA) has recently revoked the Visas of more than 1,000 Chinese students and researchers.
The move is under the directions of the US President Donald Trump in May 2020. The proclamation is aimed at Chinese nationals who are suspected to have ties with Chinese military. In this regard, China has accused US of racial discrimination.

Notes:
Global rating agency Moody’s Investors Service has estimated that India’s real GDP would contract by 11.5 per cent in fiscal year 2020-21.
Earlier, the agency has estimated that India’s economy would contract by 4.0 per cent during 2020-21. CRISIL also said that the collapse in GDP was one of the sharpest among all major G-20 nation and the growth is expected to rebound to 10.6 per cent in 2021-22.

Notes:
Meghalaya government has recently launched Piggery Mission with an outlay of Rs 200 Crore. The biggest piggery project aims to reduce the annual import of pork worth Rs 150 Crore.
Chief Minister Conrad K. Sangma has launched the project. National Cooperative Development Corporation (NCDC) has partnered with Meghalaya to implement the ‘Meghalaya State Piggery Mission’.

Notes:
The Asian Development Bank (ADB) and France’s ENGIE group have signed a long-term loan of up to Rs 466 crore to set up a 200-MW solar power project in Gujarat.
The project that is to be developed in the Raghanesda Solar Park, is expected to be commissioned in the first half of 2021. Electro Solaire Private Limited (ESPL), a special purpose vehicle owned by the ENGIE group, will implement the project.

Notes:
Jammu & Kashmir has announced the commencement of a public grievance redressal system named JK i-grams.
It stands for Jammu and Kashmir integrated grievance redress and monitoring system. The system is started on a pilot basis in Srinagar, Jammu and in Reasi. By 2nd October, the state is expected to include all villages in the system.

Notes:
National Engineers Day is celebrated on September 15 across the country, to mark the birth anniversary of eminent engineer M Visvesvaraya.
Mokshagundam Visvesvaraya was born on September 15, 1861 in Karnataka. He served as the Chief engineer in Mysore and had contributed to several technical projects in Hyderabad, Mysore, Maharashtra and Odisha, including the block system of irrigation in the Deccan canals.

Notes:
Oracle has been chosen by TikTok to be its trusted technology provider in USA. In the acquisition battle between Microsoft and Oracle, Oracle has taken a lead.
President Donald Trump claimed that the USA’s Tik Tok user data are siphoned to Chinese authorities. The US administration ordered ByteDance, the parent company of Tik Tok to sell its U.S. business.